Insurance Analyst - Mumbai

Role Summary:
We are seeking a motivated and analytical Insurance Analyst with 3-5 years of experience to join our team in Mumbai. The ideal candidate will possess a strong understanding of the insurance industry, excellent analytical skills, and the ability to translate data into actionable insights. This role involves supporting strategic decision-making through in-depth analysis of insurance products, market trends, and financial performance. A Master's degree in Business Administration (MBA) or a Post Graduate Diploma in Management (PGDM) is required.

Key Responsibilities:
- Conduct comprehensive market research and competitive analysis to identify emerging trends and opportunities in the insurance sector.
- Analyze product performance, pricing strategies, and profitability of various insurance lines.
- Develop financial models and forecasts to support business planning and strategic initiatives.
- Prepare detailed reports and presentations for senior management on market insights, product performance, and risk assessment.
- Collaborate with underwriting, claims, and product development teams to provide analytical support.
- Monitor key performance indicators (KPIs) and provide insights into deviations and potential areas for improvement.
- Assist in the development and implementation of new insurance products and services.
- Ensure compliance with regulatory requirements and industry best practices.